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Freight revenues increase 54.6% year over year at Canadian Pacific KC (CP) in Q1.
Canadian Pacific (CP) fourth-quarter 2023 quarterly revenues of $2.773 billion (C$3.776 billion) improved 53% year over year.
While the top- and bottom-line numbers for Canadian Pacific Kansas City (CP) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CALGARY, AB , Jan. 9, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its fourth-quarter 2023 financial and operating results after the market close on Jan. 30, 2024. CPKC will discuss its results with the financial community in a conference call beginning at 4:30 p.m.
There are many uncertainties about 2024 and the direction the economy is going to go. Yet, I see three tailwinds that should in any case help three stocks. In three different industries, with no mention of AI, I see three interesting picks I want to share with my readers.
The Zacks Industry Rank for the Transportation-Rail industry paints a murky picture. Braving the industry headwinds are three stocks, CNI, CP and CSX, which investors might consider keeping on their radar.
Canadian Pacific Kansas City Limited is the only North-American railroad operating directly in three countries. The company managed to report positive revenue growth during a tough quarter. Yet, I am not fully convinced about its 2023 outlook.
Look no further if you're considering stocks to sell since the market rally has taken a breather. After posting historic results in this year's first half, led by a 30% gain in the tech-heavy Nasdaq index (its best performance in 40 years), all three major U.S. indices are in the red for August.